OREANDA-NEWS. “Expert RA” rating agency announces the launch of a new rating project – country ratings.

Assigning ratings to countries means that the Agency expands to the global market – but not just that. The new approaches used by “Expert RA” agency to assessing country risks are essentially a response to many years of criticism of inadequate ratings assigned by rating agencies in crisis periods.

“Expert RA” reviewed the key country rating problems on the example of the two most recent crises and suggested the approach that mitigates the impact of these problems on ratings. The principal innovation is that two risk types – the risk of the government as a borrower and the overall credit risk of business environment in the country (credit environment) – are separated.